City Council

(21) 12-1549-S26 CD 7 TRADE, TRAVEL AND TOURISM COMMITTEE REPORT relative to conducting an economic analysis for the re-use of City ­owned property located at 13460 Van Nuys Boulevard in Council District (CD) 7 for a potential housing or mixed-­use development. Recommendations for Council action, pursuant to Motion (Rodriguez – Soto-Martinez): INSTRUCT the Economic and Workforce Development Department (EWDD), with the assistance of the City Administrative Officer (CAO) and Chief Legislative Analyst (CLA), to conduct an economic analysis for the re-use of City-owned property located at 13460 Van Nuys Boulevard in CD 7 (Property) for a potential housing or mixed-use development per the Asset Evaluation Framework (Council file No. 12-1549-S3). AUTHORIZE the EWDD to use its contractual services authority to procure and select a contractor, and negotiate and execute a contract to assist with the site assessment. INSTRUCT the EWDD to report to the City Council with recommendations for one or more potential re-uses of the Property, and to request authorization to conduct a solicitation for proposals process for the Property. Fiscal Impact Statement: Neither the CAO nor the CLA has completed a financial analysis of this report.